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Jobless claims dive while mortgage rates ease again - AOL
WASHINGTON (Reuters) - U.S. weekly jobless claims plummeted last week but the improvement was probably a seasonal quirk rather than a turning point for the recession-ravaged labor market. Separate reports on Wednesday on business activity in New York ...

Homebuilders push housing aid plan - Associated Press
WASHINGTON (AP) -- With lawmakers angling to pass an economic recovery package by the middle of next month, desperate homebuilders from around the country flew to Washington to spend Wednesday pushing a $150 billion plan to revive the housing market ...

RE-FINANCE YOUR HOMES RIGHT NOW - New York Post
Dear John: I'm a longtime reader and you don't get enough credit for your humor. I just visited my bank to see if I could re-finance my mortgage and what the rate would be. I found out it is now 5 percent on a 30-year loan. I am currently paying 6.25 ...

Lenders overcharged Latinos, blacks - New York Daily News
Two mortgage brokerage companies must compensate 445 black and Hispanic borrowers who were systematically charged higher fees than white clients. HCI Mortgage and Consumer One Mortgage must pay $665,000 in restitution, according to a settlement ...

Freddie Mac - Chicago Tribune
The economic turmoil of 2008 has left few bright spots, but here's one: Mortgage rates have plummeted. Rates on 30-year, fixed loans are hovering around 5 percent - the lowest level since Freddie Mac began tracking rates in 1971. Some economists ...

Homebuilders push to get their housing aid plan into Obama's economic ... - Baltimore Sun
WASHINGTON (AP) — With lawmakers angling to pass an economic recovery package by the middle of next month, desperate homebuilders from around the country flew to Washington to spend Wednesday pushing a $150 billion plan to revive the housing market ...

Obama says he will seek overhaul of retiree spending - International Herald Tribune
WASHINGTON : President-elect Barack Obama said Wednesday that overhauling Social Security and Medicare would be "a central part" of his administration's efforts to contain federal spending, signaling for the first time that he would wade into the ...

Homebuilders seek up to $150B in stimulus - Thehill.com
Homebuilders are asking for up to $150 billion in the economic stimulus package being drafted by President-elect Obama’s administration and congressional Democrats. The National Association of Homebuilders (NAHB) is working with 80 of its members ...

President Bush Tried to Rein In Fan and Fred - Wall Street Journal
Mythmaking is in full swing as the Bush administration prepares to leave town. Among the more prominent is the assertion that the housing meltdown resulted from unbridled capitalism under a president opposed to all regulation. Like most myths, this ...

IMS Marks 2008 With Company Growth, Industry Awards and Recognition - TMCnet
Integrated Mortgage Solutions (IMS), a collateral protection resource for the mortgage servicing industry, reported a three-fold increase in revenue in 2008 as well as product expansions and several industry awards. In 2008, IMS launched Asset ...